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Strategies: Market Neutral Funds Offer Shelter from the Storm

With global equity markets still in tumult, market neutral is one of the few hedge fund strategies offering diversified returns.

        Hedge funds, dogged by years of so-so returns during soaring stock markets, appeared poised to shine starting last summer. That’s when global equity markets turned sour on news of a slowdown in China and the prospect that the Federal Reserve would finally raise its benchmark interest rate. But many funds

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